3.When reading the Code, you must look for connecting words that may affect whether you may apply the rules of the Section. Look at §§152(b)(3)(B)(i) and 152(b)(3)(B)(ii). The connecting word is a.And b.But c.Or d.Only

Individual Income Taxes
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Author:Hoffman
Publisher:Hoffman
Chapter3: Tax Formula And Tax Determination : An Overview Of Property Transactions
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3.When reading the Code, you must look for connecting words that may affect whether you may apply the rules of the Section. Look at §§152(b)(3)(B)(i) and 152(b)(3)(B)(ii). The connecting word is

a.And

b.But

c.Or

d.Only

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